Cleary Gottlieb poaches tax ace from Oppenhoffs

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Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

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The Lawyer Inquiry: Esther FitzGibbons

Esther FitzGibbons was born in Salisbury in 1975. She is a trainee solicitor at Thomas Eggar Church Adams. What subjects did you fail at school? None I’m afraid. What was your first job? Working on the production line in an electronics factory. What was your first ever salary as a lawyer? £12,500 pa. What would […]

Ashursts faces deficit in property department

Ashurst Morris Crisp’s property department is struggling to overcome a deficit in its budget as an exodus of its assistants continues. According to an internal memo leaked to The Lawyer, the property department is attempting to recover from a deficit in its yearly budget. The memo, sent internally to lawyers by Simon Cookson, head of […]

Herbert Smith woos Jeantet partner to boost Paris office

Herbert Smith has lured top French competition partner Claude Lazarus from Paris firm Jeantet & Associes. Lazarus is bringing his team of three assistant avocats with him to Herbert Smith’s Paris office when he joins the firm early next year. Neil Brimson, managing partner of Herbert Smith’s Paris office, says: “Our office in Paris has […]

Three Internet Deals For Manches in Three Weeks

Manches has successfully seen through its third high profile internet deal in three weeks. The firm’s latest deal involved advising Musicunsigned Ltd (www.musicunsigned.com) – the internet company which promotes unsigned artists via the web – on a venture capital deal with a private investor. The internet deals from the previous fortnight involved Marks & Spencer […]

It's been a good week for…

The daughters of Sark. An ancient law banning daughters from inheriting property on the Channel Island has been overturned. The decision follows a challenge in the European Court of Human Rights brought by Sark residents the mysterious multi-millionaire Barclay Brothers, who own the Ritz. Women. The Appeal Court has ruled that East Kent Health Authority […]

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